Session Time: Fri Jul 18 00:00:00 2008
[08:29] {magoo} morning
[08:29] {Threei} good morning
[08:32] {cosmo} checking
[08:33] {cosmo} MDVN: Medivation announced publication of results of its first Alzheimer's disease pivotal clinical trial of the investigational drug DimebonBriefing.com(Fri 7:44am)
[08:33] {Threei} that gives us hope
[08:34] {cosmo} coffee?
[08:34] {cosmo} nah
[08:34] {magoo} m9orning
[08:40] {cosmo} hmm....that drug wears off fast...
[08:41] {magoo} yes coffee..ty
[08:41] {cosmo} $2
[08:49] {judijim} good morning all
[08:51] {Threei} jj :)
[08:53] {Threei} looks like C saves the day so far, ofsetting bad reports by GOOG and MER
[08:54] {fernp} Good morning
[08:54] {Threei} fern :)
[08:54] {Threei} one bad thing is, Cramer called oil top
[08:55] {peterg} morning all
[08:55] {Threei} peter :)
[08:55] {Threei} we may be looking at possibility of unexpected run by MER
[08:56] {cosmo} eslr
[08:56] {Threei} it's down not that much, and recovered nicely already
[08:56] {Threei} could be a surprise run
[08:56] {cosmo} filling gap so far
[08:57] {Threei} .20 break maybe worth a careful try on MER
[08:57] {Threei} ESLR is nasty stock...
[08:59] {cosmo} it heard that
[09:03] {Threei} WEDBUSH MORGAN RAISED ESLR TO BUY FROM HOLD
[09:06] {Threei} feel free to take MER scalp who went for it
[09:08] {Threei} any takers?
[09:09] {hawkfan4} missed it, was taking out the garbage, nice call
[09:09] {dino} gm all
[09:10] {pita} gm all
[09:10] {kazaam} gm
[09:12] {dptl} good morning all
[09:12] {Threei} morning everyone
[09:13] {peterg} more to say about MER?
[09:14] {peterg} interesting
[09:14] {magoo} beauty vad..i guess i just had a 500 bux phone call because i was going tom take it
[09:14] {Threei} ugh
[09:14] {dino} sglp liquidity issues, chapter 11 options discussed
[09:14] {Threei} will be on watch peter
[09:14] {magoo} locked loaded ring
[09:14] {magoo} ugh
[09:14] {GeoArb} gm
[09:14] {Threei} right now after over 1 dollar run from a trigger, what to say... :)
[09:14] {Threei} Geo :)
[09:16] {Threei} wow dino
[09:16] {Threei} how nice of them to tell us today :)
[09:18] {magoo} vad, its avail short sglp
[09:19] {Threei} 07/17/08 08:11pm
[09:19] {Threei} [SGLP] SemGroup Energy Partners Comments on today's decline in its share price: Has been informed by SemGroup, SGLP's parent, that SemGroup is experiencing liquidity issues and is exploring various alternatives
[09:19] {Threei} - Various alternatives include raising additional equity, debt capital or the filing of a voluntary petition for reorganization under Chapter 11 of the Bankruptcy Code
[09:25] {dino} as if nobody knew yesterday, sheesh
[09:26] {dino} meaning, somebody knew
[09:27] {Threei} isn't it remarkable that market is capable of sshrugging off GOOG miss
[09:27] {Threei} just shows how much it is about financials and oil right now
[09:28] {GeoArb} also options expiration wierdness?
[09:28] {Threei} probably, yes
[09:29] {Threei} LEH is either .80 break of pullback to .40... really can't tell which entry is better
[09:31] {Threei} pullback that was... very fast, not an easy entry
[09:31] {Threei} anyone got it?
[09:32] {hawkfan4} nope
[09:32] {dino} need coffee
[09:32] {fernp} no here
[09:32] {Threei} FRE 8.80 support
[09:33] {Threei} take scalp if got it
[09:33] {tomg} got leh and fre, ty vad
[09:33] {Threei} wow tom, you have amazing reflexes
[09:33] {tomg} nah
[09:33] {tomg} play 3d pinball at nite :)
[09:34] {Threei} lol
[09:34] {hawkfan4} nice vad, got .25 on fre, thx
[09:34] {Threei} :)
[09:35] {Threei} LEH one more leg down for entry
[09:35] {Threei} somewhere under .50 I think
[09:36] {magoo} lil deep?
[09:36] {Threei} in
[09:36] {Threei} stop under 18
[09:36] {magoo} in .25
[09:38] {peterg} in .15
[09:39] {Threei} out .60
[09:40] {Threei} a bit too nervous move
[09:40] {hawkfan4} out .55, nice
[09:40] {kazaam} very nice
[09:40] {magoo} missed exit
[09:40] {kazaam} i take it you guys have been having a good week?
[09:40] {Threei} very kaz
[09:40] {magoo} was out .74
[09:41] {peterg} system froze; got out for a dime
[09:41] {Threei} aww
[09:42] {peterg} yep
[09:42] {Threei} sorry peter... hooked great entry
[09:42] {Threei} beat mine by 3 cents
[09:42] {Threei} FRE, if sells fast into 8.20
[09:43] {Threei} maybe wishful thinking
[09:43] {Threei} but let's see
[09:43] {Threei} 8.40 is support too but something tells me it's not going to hol
[09:44] {Threei} "something" was right
[09:45] {Threei} not sure it can go as far as 8.20
[09:45] {dino} ostk
[09:45] {Threei} but glad I didn't take 8.40, struggling here
[09:45] {Threei} if it goes from here so be it
[09:45] {Threei} FNM
[09:46] {Threei} .50 closest support
[09:46] {Threei} in, stop .39
[09:47] {Threei} trailing to .49 if takes .65
[09:47] {Threei} trailed
[09:49] {Threei} maybe getting greedy, but heck... my risk is about 10 cents here
[09:49] {magoo} i dont wanna miss this exoit..where u thinking?
[09:50] {Threei} between .80 and .90 most likely
[09:50] {dino} risky sm v l .15
[09:50] {dino} stop lod
[09:50] {Threei} out
[09:51] {Threei} sharp market downtick
[09:51] {Threei} don't want top get caught
[09:51] {Threei} srtill looks good but it's friday
[09:51] {Threei} taking easy money
[09:52] {Threei} lol, tell longer term traders and investors that we call FRE/FNM/LEH etc easy money
[09:52] {magoo} ogk, out fnm.91
[09:52] {peterg} out at .84, =.18; left too soon maybe
[09:52] {magoo} fre.67 and lucky on leh .54
[09:52] {peterg} nice magoo
[09:52] {magoo} a lil luck nice sometimes up good..cant begin to calculate
[09:53] {dino} luck is half the game
[09:53] {Threei} I don't care what Raven says... I 've NEVER seen summer trading that active, readable and consistently profitable
[09:55] {pita} got sm piece of LEH and FRE -- TY Vad
[09:55] {dino} v stopped
[09:55] {Threei} welcome pita :)
[09:58] {magoo} dont jinx it vad
[09:58] {Threei} well, I still think we are to see some slowdown in August
[09:58] {Threei} but most likely not aas severe as usual
[09:59] {Threei} too much is going on
[09:59] {peterg} Sovereign wealth funds, Dark Pools
[09:59] {Threei} and the scale of happenings is way too big for the markets to just go on vacation
[09:59] {Threei} dark pools - I don't know what the fuss is about
[10:00] {Threei} I don't see it as something significant
[10:00] {peterg} nice place for fear to locate
[10:01] {peterg} 92.3% of news is fear
[10:01] {magoo} [09:59] {Threei} and the scale of happenings is way too big for the markets to just go on vacation
[10:01] {peterg} echo?
[10:02] {dino} i agree vad, this summer is nuts
[10:02] {magoo} a trader this morn on cnbc said normally be at hamptons already for weekend...but to much happening
[10:02] {dino} black swan circling
[10:02] {peterg} yes, and the scale of happenings is way to big for the markets just to go on vaction.
[10:02] {Threei} lol peter
[10:03] {dino} no matter peter, because i am, end of next week, sunset beach, nc, mid. aug. jamaica
[10:03] {peterg} sounds good
[10:03] {dino} indeed
[10:03] {dino} much needed mind erasing
[10:03] {peterg} fond memories of jamacai, weeds, drinx etc
[10:04] {dino} my 5th time going there, this time taking kids
[10:04] {peterg} go be rasta wif spliff
[10:04] {Threei} my mind erasing will happen in Alaska
[10:04] {magoo} btw, i will be out all next weekend...my boy is going to mx camp annd i have to be there..mechanac and mentor capacity..he is only 9
[10:04] {dino} cruise tour, you will love it
[10:04] {Threei} booked that heli tour you mentioned dino
[10:04] {Threei} 4 glaciers adventure, right?
[10:05] {GeoArb} have fun guys..... my parents visiting all aug/sep and in laws oct/nov
[10:05] {dino} awesome
[10:05] {GeoArb} dunno if its :) or :(
[10:05] {peterg} sum of each
[10:05] {Threei} lol... take care geo
[10:05] {Threei} also, train to White Pass in Skagway
[10:05] {magoo} vad, book the white water raft tour also
[10:05] {peterg} say chaps, where is there some money to be made?
[10:06] {magoo} real fun
[10:06] {dino} we took the train to denaili, took about 8 hours, but really fun
[10:06] {peterg} $$$$
[10:06] {dino} dog sleds, gold mining, etc
[10:06] {magoo} teach u to row together across glacier lake..stop on river island for booze
[10:07] {magoo} we did alaskan cruise as a honeymopon
[10:07] {dino} peter i think ostk off of .25 l
[10:07] {Threei} not sure I still have room for more tours... but will look into it, thanks for the tip
[10:07] {dino} also watching cetv
[10:07] {magoo} oh, i did train ride in skagway, real cool
[10:08] {dino} i fondly remember the ship selling buckets of becks'
[10:08] {GeoArb} lol
[10:08] {GeoArb} thtats the memory?
[10:08] {magoo} i liked the ship casino..no kiding..i luv roulette wheel
[10:08] {dino} cetv l sm .90, wide, wild moves
[10:09] {peterg} watching--little scary
[10:09] {Threei} for some reason I am totally cold to casinos
[10:09] {Threei} 3 times in Vegas, no single game, can you imagine
[10:09] {Threei} SGLP recovery or what
[10:10] {magoo} you'll only find magoo at the wheel with drink in hand..hate the blackjack tables
[10:10] {dino} same here 3i, casinos feel like work to me
[10:10] {Threei} boring work at that
[10:11] {cosmo} i like the archaeology in that area
[10:11] {peterg} Pacinko parlours in japan
[10:11] {cosmo} paleo too
[10:12] {dino} i like the bikini clad women by the ships' pool
[10:12] {Threei} SQNM
[10:12] {GeoArb} i am with magoo on that
[10:12] {kazaam} ibm l .43
[10:12] {GeoArb} live more fun
[10:12] {Threei} small shares long on pullback to .60, stop under .40 and hold for something good as magoo says
[10:14] {Threei} first strength from here
[10:14] {magoo} in .57
[10:15] {dino} sglp spike
[10:15] {Threei} MER
[10:15] {Threei} 38 break long half lot
[10:16] {Threei} 30, sorry
[10:16] {Threei} stop under 29.80
[10:16] {dino} v last try .00 l
[10:17] {magoo} in mer .05
[10:17] {dino} pete was right ostk
[10:17] {magoo} was fast
[10:17] {Threei} SQNM slowly trying
[10:18] {Threei} with any help it's capable of really strong runs
[10:18] {kazaam} stupid chart not updating on sqnm, I will just have to pretend I got in with you guys on SQNM
[10:18] {magoo} tough mkt for help tho boss
[10:18] {Threei} stop is small enough to try and give it a chance
[10:20] {magoo} stalking RIMM
[10:20] {magoo} if IF mkt can bounce..nice long ..risky not in
[10:20] {Threei} kazaam, look dcc please
[10:21] {magoo} how come i never get a "magoo look dcc?"
[10:21] {Threei} OK... magoo, look dcc (just keep in mind there is none)
[10:21] {peterg} tks dino, absorbed in SQNM
[10:21] {magoo} shit, i went there he he
[10:21] {Threei} gotcha!'
[10:22] {magoo} :)
[10:22] {Threei} SQNM tries the high again even as market retreats
[10:22] {Threei} it's volatile one
[10:23] {Threei} that's why I wanted small shares - it acts similarly to days when it posts big gains so I want to be able to hold through it's swings
[10:24] {magoo} l rimm small .90
[10:24] {Threei} MER stop to .85
[10:27] {dptl} stop under .60 now sqnm?
[10:28] {Threei} I'd move it after new high is made
[10:28] {dptl} ok ty
[10:28] {Threei} and pad it a bit, do not overtighten
[10:29] {Threei} I mean under .60 doesn't mean .59 in SQNM's case
[10:31] {Threei} no worky MER
[10:34] {kazaam} maybe MER break of 30.18?
[10:34] {magoo} l aapl here super small
[10:35] {Threei} only is some activity returns, it loses life
[10:35] {Threei} maybe Fridfay effect, maybe something else
[10:37] {magoo} in aapl .24
[10:37] {magoo} stop .90
[10:38] {Threei} FRE
[10:38] {Threei} REPORTEDLY PLANS TO SELL $1B 3 MONTH, $1B IN 6 MONTH AND $1B IN 12 MONTH BILLS JULY 21 SCHEDULED TO SETTLE 22
[10:38] {Threei} market tripped of something again
[10:39] {magoo} stopped aapl
[10:39] {Chaeron} good morning everyone
[10:39] {magoo} sigh
[10:39] {dino} that was me
[10:39] {Threei} chaeron :)
[10:39] {Chaeron} nice to see you too magoo :)
[10:39] {Threei} WTO RULING IN FAVOR OF US OVER CHINA ON AUTO PARTS CASE
[10:40] {Threei} I don't know why I post it
[10:40] {dino} post what
[10:40] {peterg} because your car is made in china
[10:40] {Threei} [10:39] {Threei} WTO RULING IN FAVOR OF US OVER CHINA ON AUTO PARTS CASE
[10:41] {peterg} btw, the US emerged victorious in the glorious struggle against the capitalist roaders of China.
[10:41] {dino} busting you
[10:41] {dino} algt sm s .65, stop .10
[10:45] {dino} dmnd
[10:47] {magoo} man vad FNM
[10:49] {dino} algt stopped .00 -.35
[10:51] {Threei} I don't see news that rocketed financials
[10:54] {hawkfan4} me either, wild
[11:06] {dino} out v .55 +.55
[11:08] {dino} ipcc
[11:09] {dino} missed
[11:11] {dino} fwlt sm l .10
[11:11] {dino} stop lod
[11:11] {Threei} WHITE HOUSE: A GOAL FOR A "GENERAL TIME HORIZON' HAS REPORTEDLY BEEN REACHED BY IRAQ AND THE US ON POTENTIAL TROOP WITHDRAWALS
[11:13] {dino} lets see, usa will pay iran, iran will take money, iran will then say no
[11:13] {dino} opps read that as iran
[11:14] {dino} in any case, thats next week on nukes
[11:14] {magoo} ok, have errand, be back hour
06[11:14] * Threei kicks SQNM in the rear with heavy duty army boots
[11:15] {Threei} we will pretend we miss you magooski
[11:15] {pita} day job calling - thanks for positive day!
[11:15] {Threei} wtg pita
[11:16] {Threei} FNM another round
[11:16] {Chaeron} bye pita... hurry back magoo
[11:16] {Threei} good job pretending chaeron
[11:16] {Chaeron} yeah... I thought it was worth a shot
[11:17] {Threei} it was... sorry for spoiling your effort by accidcenatlly pasting to magoo your private message to me "Close the door FAST while he is out"
[11:18] {Threei} FRE .86 very risky long trigger
[11:19] {Threei} SQNM new high finally
[11:21] {dptl} you still in?
[11:22] {Threei} SQNM? of course
[11:22] {Threei} FRE my stop .65
[11:22] {dptl} ok
[11:24] {dptl} offering .97 sqnm
[11:24] {GeoArb} done for the day.......VTR was my vehicle today
[11:24] {GeoArb} thanks all
[11:25] {Threei} take care Geo... you really need to start sharing your vehicles
[11:25] {GeoArb} simple pattern.... JBE on yesterday's high
[11:25] {GeoArb} vad i even mentioed the setup
[11:25] {GeoArb} "the basterdized version"
[11:25] {Threei} sorry, I must have slept through it
[11:25] {GeoArb} emailing you the config now
[11:26] {dptl} so...stop under .60 now..since its made new high?
[11:26] {Threei} yes, .55 for me
[11:26] {dptl} ok ty
[11:29] {GeoArb} emailed vad.....
[11:29] {Threei} ty
[11:32] {GeoArb} if this keeps up.... i might be able to go on vacations like you guys !
[11:35] {GeoArb} hmmm no humor
[11:35] {Threei} what else is new
[11:35] {GeoArb} guess these guys like vads humor OOOOOOO
[11:36] {Threei} that tells you something, doesn't it
[11:37] {GeoArb} what do you think of the scan vad?
[11:37] {GeoArb} i combined 2 of yours
[11:37] {Threei} gosh, let me observe it for a few :)
[11:37] {GeoArb} i meant the parameters
[11:38] {Threei} want to watch alerts first
[11:38] {Threei} to get an idea of what it hunts for, then reviews parameters
[11:38] {GeoArb} i switch between new high ve new resistence alerts
[11:38] {GeoArb} depending on how man i want
[11:38] {GeoArb} many
[11:41] {dino} v sm l skf .75
[11:41] {GeoArb} he he skf :)
[11:41] {GeoArb} dino can your platform short skf?
[11:42] {GeoArb} i almost never get shorts permission
[11:42] {kazaam} most etfs are not shortable
[11:42] {dino} no geo
[11:42] {GeoArb} why? i wonder
[11:43] {GeoArb} i guess i could go long uyg
[11:43] {dino} things that are bigger than i understand i guess
[11:43] {GeoArb} but not enough oomph
[11:44] {Threei} US SEC OF STATE RICE REPORTEDLY ACKNOWLEDGES THE US POLICY SHIFT ON IRAN WITH ITS DECISION TO SEND A SENIOR ENVOY TO GENEVA FOR THE NUCLEAR TALKS THIS WEEKED
[11:44] {dino} wow, i'm an oracle
[11:45] {GeoArb} we will hold hands and sing songs
[11:45] {dino} my earlier rant about iran
[11:46] {GeoArb} i have lived in middle east for about 20 years
[11:46] {GeoArb} and its not pretty and thats an understatement
[11:49] {dino} one place i will never go to
[11:50] {GeoArb} egypt and jordan and turkey have some amazing architecture though
[11:51] {GeoArb} wierd choppy day
[11:51] {patience} options expiry and weirded out market
[11:52] {GeoArb} off to day job to work for mortgage.... happy trading all
[11:53] {dino} cya geo
[11:57] {dino} out skf .25, +1.50
[11:58] {kazaam} nice one
[11:58] {patience} major envy dino, nice trading
[11:59] {dino} ty
[11:59] {dino} small size patience
[11:59] {dino} it moves a buck fast, so entries tough
[12:01] {kazaam} dino, what made you think long on skf? i reason i ask is i could only see short
[12:03] {dino} dji strated to drop, financials are heavy weight in dji. thats it
[12:03] {dino} i try not to think too much
[12:04] {dino} pull up 5 day dji, 5 day skf
[12:04] {dptl} more and more i see its always work ....not thinking:)
[12:05] {dino} took me years to
[12:05] {dino} "get" that
[12:05] {dptl} :)
[12:05] {dino} the less i know the better i trade
[12:06] {peterg} trade what you see not what you think
[12:06] {kazaam} thanks for your perspective dino, yeah i replaced thinking with eating
[12:07] {peterg} good plan
[12:07] {dino} lol kaz, and yes pete
[12:07] {dptl} or drinking
[12:07] {dino} keep it simple, right vad
[12:08] {Threei} even that is too complicated for me
[12:08] {dino} ipcc feels one more fast drop then bounce
[12:13] {peterg} in at .12
[12:17] {dino} ipcc?
[12:17] {peterg} yes shd v waited for a bit but well see
[12:18] {dino} keep you stop, doesn't matter then
[12:18] {peterg} finger on trigger
[12:18] {dino} you want to know where i'm bidding it? you'll laugh
[12:18] {peterg} id love a laugh
[12:19] {dino} 41.30
[12:19] {peterg} make my day
[12:19] {dino} back in 30 wife to lunch
[12:20] {dino} i will leave the bid there
[12:22] {peterg} lunch & fear got me out -.04
[12:23] {peterg} just in time
[12:28] {magoo} magoo back in-da-house
[12:29] {Threei} uh oh
[12:29] {Threei} sorry chaeron... I forgot to lock the door
[12:30] {Chaeron} *sigh*
[12:32] {magoo} well???
[12:32] {Chaeron} oh, sorry... Great to see you again Magoo!
[12:33] {magoo} no..was waiting to hear about all the great trades i missed
[12:35] {Chaeron} hmmmm... let's see... there was the triple-sized RIMM long off 109.55 out 110.46
[12:36] {Chaeron} then the short of AAPL on break of 167 - cover at 166.35... more?
[12:37] {magoo} wow..new it
[12:38] {laserdave1} ibm interesting
[12:38] {laserdave1} only .30 away from high
[12:38] {laserdave1} dangerous though
[12:39] {laserdave1} no pos will look at it if it takes a run at high
[12:40] {dptl} stopped sqnm
[12:44] {magoo} aapl looks good here
[12:45] {magoo} thats .50 cents
[12:47] {laserdave1} hey mags whats up
[12:47] {laserdave1} with your other good friend there
[12:47] {magoo} lazer
[12:47] {laserdave1} RIMM
[12:48] {laserdave1} its strong again
[12:48] {laserdave1} not in it
[12:48] {magoo} like aapl as bouncer better if IF mkt bounces
[12:48] {laserdave1} market hovering on support
[12:49] {magoo} feels up
[12:49] {magoo} mkt that is
[12:50] {Threei} I am feelingless
[12:50] {Threei} let's rely on your feel
[12:50] {magoo} and mean spirited too
[12:50] {Threei} mine took early weekend
[12:50] {Threei} oh, mean-spirited I am always
[12:51] {magoo} especially towards magoo ive noticed
[12:51] {Threei} actually no... it's universal...
[12:52] {Threei} I just enjoy expressing it openly toward magoo morfe than toward others {G}
[12:53] {magoo} oh..so then....i special
[12:53] {Threei} but of course
[13:03] {laserdave1} GOOG
[13:03] {laserdave1} extreme danger
[13:06] {magoo} afterhrs low was 470
[13:07] {magoo} vad..news AAPL?
[13:08] {dino} pete, ugh, ipcc would\'ve worked for you
[13:08] {Threei} no mags
[13:15] {magoo} read on AAPL vad
[13:15] {Threei} pullback to 166 is where I would try
[13:16] {laserdave1} mags dcc
[13:25] {laserdave1} peter dcc
[13:26] {Threei} dave is on dcc spree
[13:27] {kazaam} hurrrmph, SII
[13:27] {kazaam} darn
[13:28] {Threei} FRE
[13:28] {Threei} SEC HAS APPROVED SHARE REGISTRATION; CLEARS WAY TO RAISE FRESH CAPITAL
[13:28] {Threei} - Spokesman says there is no immediate need to raise fresh capital
[13:28] {Threei} - Updated their internal controls and financial reporting processes and is now an SEC registrant and reporting company
[13:29] {dino} apei
[13:30] {dino} too gast
[13:31] {Threei} itching to short WM
[13:33] {magoo} RIMM vad..unreal
[13:34] {Threei} oullback worth a try... with any market help should give about 50 cents easily
[13:38] {dino} sm l v .00
[13:41] {Threei} short WM .90
[13:41] {Threei} 6.01 stop
[13:46] {Threei} LEH feels like preparing for a jump
[13:47] {magoo} whats the call boss?
[13:47] {Threei} pullback would be great
[13:47] {Threei} .35-.40 area
[13:47] {Threei} not sure about break
[13:49] {Threei} overall, has this look about it
[13:49] {Threei} like retesting 20
[13:49] {Threei} WM 1:1
[13:49] {laserdave1} Wm where is exit Vad
[13:49] {laserdave1} ?
[13:50] {Threei} has a lot of downside... try to cover half on the next leg down, around .75 or so and ride the rest
[13:50] {laserdave1} ok
[13:51] {Threei} OFHEO: NOTES THAT IN REGARDS TO THE FILING BY FRE THIS MORNING, THE AGENCY IS 'PLEASED'
[13:51] {Threei} {FRE FNM}
[13:51] {Threei} here it is
[13:51] {kazaam} why short on WM vad? because of daily resistance?
[13:51] {Threei} double top on 1 min
[13:51] {Threei} daily resistance
[13:51] {Threei} dog with fleas
[13:52] {Threei} a lot of reasons :)
[13:53] {fernp} good one Vad. TY
[13:53] {Threei} :)
[13:53] {dino} iclr hmmm
[13:57] {laserdave1} nice call WM Vad
[13:57] {laserdave1} I like yes
[13:57] {Threei} :)
[13:58] {laserdave1} keep goinggggggggggg
[13:59] {laserdave1} had to take profits
[13:59] {laserdave1} needed that one
[13:59] {laserdave1} ty
[13:59] {Threei} welcome
[13:59] {laserdave1} it was awesome for a 5$ stock
[13:59] {jmb} thanks Vad
[13:59] {Threei} jmb :)
[14:01] {laserdave1} market might roll
[14:01] {laserdave1} wow
[14:01] {laserdave1} so tight
[14:01] {Threei} in LEH, .25 stop
[14:02] {dino} sm l iclr .00
[14:03] {Threei} half out .53
[14:03] {Threei} +.18
[14:03] {Threei} stop .29
[14:05] {magoo} vad..ironic...revshark on realmoney says "slow summer action"
[14:05] {magoo} he he
[14:06] {Threei} we must be on different planets
[14:06] {Chaeron} TokyoJoe says..... heheheh
[14:07] {laserdave1} if .75 lets go
[14:07] {laserdave1} iwill short em at .74
[14:07] {magoo} i know..u saying never seen it this hectic
[14:07] {magoo} wha thew
[14:07] {laserdave1} haha gone as im typing
[14:07] {laserdave1} now back
[14:08] {laserdave1} ok im short
[14:08] {laserdave1} stop .80 for me
[14:10] {magoo} mit grupen un fuerer
[14:10] {laserdave1} any call on market Vad?
[14:11] {laserdave1} what a tight range
[14:11] {Threei} feeling is,
[14:11] {Threei} ramp up
[14:11] {Threei} violent
[14:12] {laserdave1} ok thanks
[14:12] {kazaam} violent sounds good
[14:12] {cosmo} not just one of those lazy summer afternoons?
[14:12] {Threei} nope
[14:12] {cosmo} on a fri?
[14:12] {Threei} nope
[14:13] {Threei} a few shakes, then explosive move up
[14:13] {cosmo} hmm...full moon got ya?
[14:13] {Chaeron} choice?
[14:14] {Threei} LEH
[14:14] {laserdave1} out wm
[14:14] {Chaeron} shoot I miss?
[14:15] {laserdave1} wm i stoppe dout of short
[14:15] {Threei} shakeouts are not over yet probably
[14:15] {laserdave1} market is real whippy in this range
[14:15] {magoo} u in LEH vad?
[14:16] {laserdave1} fake one way then next
[14:16] {Threei} half
[14:16] {magoo} what entry?
[14:16] {Threei} sold first half earlier and posted
[14:16] {Threei} .35
[14:16] {Threei} [14:03] {Threei} half out .53
[14:16] {Threei} [14:03] {Threei} +.18
[14:17] {magoo} ok
[14:17] {dino} risky, sm l apei .79
[14:19] {Threei} ok NQ, it's time
[14:20] {Chaeron} too late for entry LEH?
[14:20] {Threei} no
[14:20] {Threei} .33 was besutiful entry
[14:24] {Threei} come on market... while we are young
[14:26] {kazaam} yep yep, where are you steel boots?
[14:26] {kazaam} that might make it angry
[14:26] {Threei} frikin oil spikingh
[14:27] {Threei} stiopped
[14:28] {Threei} looking for better entry
[14:33] {dino} apei stopped
[14:33] {dino} spinning my wheels
[14:33] {dino} pins and needles, needles and pins......
[14:41] {Threei} really long stall
[14:41] {dino} no old honeymooners fans i see
[14:43] {Threei} need USO to lose 104 probably to give a spark to market
[14:47] {peterg} missed all the action--dr. will fix my knee for ten grand
[14:47] {peterg} lower bids, anyone?
[14:47] {Threei} I can do it for free but my tools are limited to sledgehammer
[14:48] {peterg} you have skill with sledge
[14:48] {dino} iclr stop to .47
[14:48] {dino} vad will make your good knee look like your bad one
[14:49] {peterg} then ill be knock-kneed
[14:49] {Threei} actually... I make a kneee to look like there is no knee
[14:50] {Threei} oh good
[14:50] {Threei} FEDS STERN IS WORRIED ABOUT THE PROSPECTS OF INFLATION
[14:50] {Threei} you don't say
[14:50] {cosmo} oh
[14:52] {Threei} ZION
[14:52] {Threei} DECLARES REGULAR DIVIDEND OF $0.43
[14:52] {Threei} - The dividend is payable August 20, 2008 to shareholders of record on August 6, 2008.
[14:53] {Threei} FED CAN NOT WAIT FOR THE END OF A CRISIS TO INCREASE RATES, SEES SIMILIARITES BETWEEN CREDIT CRUNCH NOW AND EARLY 90S
[14:53] {Threei} - Stern remarks that the Fed is in good position to handle downside risks to growth
[14:57] {dino} stopped iclr .50, +.50
[14:58] {magoo} markets crazy here
[15:02] {Chaeron} LEH here?
[15:03] {Threei} market recovers but LEH is still waiting for something
[15:03] {Threei} not sure
[15:06] {dino} nue sm l .75 stop lod
[15:10] {Threei} FNM .75 worth a try long
[15:12] {Threei} anyone got it or too fast?
[15:12] {magoo} missed but beauty vad
[15:12] {Threei} ticked as I typed
[15:12] {Threei} missed LEH
[15:12] {Threei} looks like rally time finally came, but one more pullback is likely
[15:12] {dino} v stop to .40
[15:13] {dino} out +.40
[15:14] {Threei} wtg
[15:14] {peterg} out LEH at .07, + 22
[15:14] {Threei} good one peter
[15:14] {dino} gj peter
[15:14] {peterg} gotta learn to wait;
[15:15] {peterg} thks esp chaeron for suggestion
[15:16] {dino} i don't know about waiting, seems i'm giving back a lot of scalps lately, because of greed
[15:16] {peterg} I think I leave early cz of fear
[15:16] {peterg} often
[15:16] {peterg} workn on it
[15:21] {laserdave1} dcc please Peter
[15:22] {Threei} SEC CONFIRMS EXEMPTION OF MARKET MAKERS FROM 'NAKED SHORT' SALE RULE, ORDERS CAN BE PLACED WITHOUT DELAY
[15:24] {cosmo} sqnm
[15:25] {cosmo} gonna b/o
[15:25] {Threei} RIMM, sheesh
[15:25] {peterg} back off?
[15:25] {cosmo} break out
[15:25] {peterg} b/o
[15:25] {peterg} tks
[15:25] {cosmo} not so soon
[15:34] {Threei} CFTC REPORTEDLY RECLASSIFYING CERTAIN ENERGY TRADER POSITIONS
[15:35] {cosmo} to the financials?
[15:38] {cosmo} we could have a 'watt' based currency
[15:44] {hawkfan4} headed out, have a great weekend all, nice week. thx vad
[15:44] {Threei} take care hawk, wtg
[15:45] {hawkfan4} :) cya
[15:45] {Threei} FDIC'S BEAR SAYS INSURANCE FUND IS "QUITE ADEQUATE" TO HANDLE BANK FAILURES
[15:46] {Chaeron} More confincing if his name was Bull
[15:46] {cosmo} and his last name?
[15:46] {Chaeron} :)
[15:47] {Threei} yeah... what kind of name is it to give siundbites to a market
[15:49] {kazaam} have a good weekend yall
[15:49] {kazaam} cya
[15:49] {Threei} take care kaz
[15:49] {magoo} c u kaz
[15:50] {Threei} quite nice ramp up into closee
[15:51] {magoo} u called it...thats why sometimes i ask u what u feeling?
[15:51] {Threei} look FNM
[15:52] {laserdave1} just shorted WM
[15:52] {laserdave1} stop at 6.01
[15:54] {peterg} short RIMM at .78
[15:56] {peterg} out .55 +23
[15:56] {Threei} nice scalping footwork
[15:57] {peterg} shudda stayed longer but didn't want to spend weekend with RIMM
[15:58] {dino} gj
[15:58] {peterg} tks; how close to bell can you sell?
[15:59] {Threei} slow summer action eh?
[15:59] {magoo} vad, remember to enjoy next week..i rarely take off
[15:59] {Threei} only if you are watching BXMNF I suppose
[15:59] {Threei} you are off next week?
[15:59] {magoo} yes, whole week
[16:00] {Threei} have fun
[16:00] {dino} slacker
[16:00] {Threei} we will be here when you are back
[16:00] {Threei} wait don't leave yet
06[16:00] * Threei slaps magoo around a bit with a large trout
[16:00] {Threei} now you can leave
[16:00] {Threei} thank you all, have a great weekend
[16:00] {Threei} see you on Monday
[16:01] {peterg} thanks group! See you Monday
[16:01] {magoo} TY boss
[16:01] {magoo} ty all
[16:01] {peterg} bye Mags have fun
[16:01] {magoo} trade well without magoo:)
[16:01] {peterg} it wont be the same
[16:01] {magoo} chaer, taking son to mx camp whole week
[16:02] {Chaeron} whos???
[16:02] {magoo} tony d
[16:02] {dptl} have a good weekend all:)
[16:02] {Chaeron} Great!! DiStefano!
[16:04] {Chaeron} take pics man...
[16:05] {Chaeron} bring me home some pointers too
[16:06] {judijim} be back Monday, bye for today
[16:07] {magoo} by jj.. u got it chaer
[16:08] {Chaeron} have fun Magoo
